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Organization of CANDU Industries congratulates the Canadian government on the signing of a Nuclear Cooperation Agreement Protocol with China

OCI member companies stand ready to work with Canadian uranium
producers, Candu Energy Inc. and Chinese partners to deliver high
quality, innovative nuclear products and services to China's nuclear
power program

PICKERING, ON, July 19, 2012 /CNW/ - The Organization of CANDU
Industries (OCI) congratulates the Government of Canada on today's
signing of a Nuclear Cooperation Agreement Protocol with China that
will expand Canada's exports of uranium to fuel China's rapidly growing
production of electricity from nuclear power plants. This initiative
will also strengthen Canada's broader cooperation with China on the
peaceful use of nuclear power and create further opportunities for
Canadian companies to supply nuclear products and services to China
under the terms of the Nuclear Cooperation Agreement Protocol.

"OCI member companies, many of which are small and medium sized
enterprises located here in Ontario, employ a wide range of highly
skilled technical specialists who are ready to work with Canadian
uranium producers, Candu Energy Inc. and Chinese partners to deliver
high quality, innovative nuclear products and services to China's
nuclear power program" said OCI President Dr. Ron Oberth. "This
important milestone demonstrates Canadian government leadership in
supporting the export of Canadian nuclear products and services that
result in the further investment and development in Canada's uranium
industry as well as the creation of high quality sustainable
nuclear-related jobs in Ontario and other provinces."

About the Organization of CANDU Industries

The Organization of CANDU Industries (OCI) is an association of 170
leading Canadian suppliers to the nuclear industry in Canada and
internationally. OCI members companies collectively employ more than
30,000 highly skilled and specialized people who manufacture major
equipment and components and provide engineering services and support
for the 20 CANDU nuclear power plants in Canada as well as for CANDU
and other nuclear plants in offshore markets.